BIFA has been advised by the Department of Business and Trade of a trade agreement being signed between the United Kingdom and India, which we are reproducing verbatim for information purposes.
Dear all,
We are delighted to share our press release announcing that the UK and India have today agreed a landmark trade deal which delivers on this Government’s core mission of growing the economy, raising living standards, and putting money in people’s pockets.
The deal will slash tariffs on goods including for the high-growth sectors outlined in the Plan for Change.
The deal is expected to increase bilateral trade by £25.5 billion, UK GDP by £4.8 billion and wages by £2.2 billion each year in the long run.
You can also read UK-India Free Trade Agreement technical note here.
If you wish to amplify this announcement, please see our social media post on LinkedIn, X, Facebook and Instagram. There will be further posts to come. As ever, do let us know if you post about this announcement as we can seek to amplify it on our channels.
Best wishes,
DBT External Affairs Team
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